Economics Majors and Minors

Career Readiness

Loyola’s programs in economics provide a logical, ordered, quantitative approach to analyzing numerous problems and issues. Many Loyola economics majors have applied their training to challenging jobs as economists, financial analysts, or managers in business or government.

Jesuit-centered Approach

Our values-based approach to economics stresses the application of logic and reason to the analysis of contemporary and historical aspects of human behavior, and illuminates real-world problems, helping students discover ways to effectively leverage available resources to address various social issues.

Hands-on Learning

See your studies in action by conducting original research with a faculty member during a summer research fellowship, or join Loyola’s nationally ranked Fed Challenge team, which allows students to work together to apply Federal Reserve policy to real-world economic conditions.

From developing an economic way of thinking to mastering the tools of the trade, graduates of the economics programs will: 

• Demonstrate knowledge of major concepts, including analytical and mathematical tools, and empirical findings in microeconomic and macroeconomic theory.
• Understand and apply basic research methods in economics, including data analysis and be able to effectively communicate and report that analysis.
• Demonstrate the knowledge integration in Microeconomics and Macroeconomics by

  applying the right models, data analysis techniques, and mathematical tools to explore and solve a variety of real-world economic and social issues.

Economics of Race and Inequality

EC 347
Examine racial inequities and discrimination from an economics perspective. Through this course, students better understand questions surrounding racial justice in the U.S. specifically regarding the labor market, the housing market, the criminal justice system, and education. Students research and develop policy solutions to a specific problem related to racism or inequality in the U.S. This course also includes student-led group discussions, museum tours, guest speakers, and opportunities for community engagement.

Applied Economic Forecasting

EC 425
Forecasts play a crucial role in the formation of economic policy and business decisions. As a result, accurate predictions of the future are critical for the public and private sector alike. This course introduces students to the techniques used by professional economists in business and government to model the complex processes generating data through time and to make real world forecasts.

Economics International Study Tour

EC 492
Demonstrates the applied economic and international aspects of classroom concepts and theories in an international setting. This course involves a classroom component and a study tour component with site visits to organizations in the Caribbean or Central America.

Explore our course catalogue for a full listing of courses, descriptions, suggested course sequences, and more:

Business Economics
Major Minor

Economics
Major Minor

Faculty experts

Our economics courses are taught by experts with the highest level of qualifications. Loyola faculty are teacher-scholars who are attentive to students’ ambitions and needs who have a deep personal interest in each student’s academic success. In addition, our executives in residence bring significant industry knowledge and experience to their teaching and student advising and mentorship.

Faculty Directory

Who is hiring Loyola economics grads?

• Deloitte
• Matrix Capital Markets Group Inc.
• Merrill Lynch
• Morgan Stanley
• Northrup Grumman

In addition to graduating ready to enter the field, a degree in economics or business economics can prepare you for admission to Loyola’s one-year Emerging Leaders MBA program or other competitive graduate programs and law schools.